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10. Meetings of the Board

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

(1)

The Chairman or in absence of the Chairman, the Vice-Chairman shall preside at all meetings of the Board.

In the absence of the Chairman or Vice-Chairman from any meeting of the Board, the members present at such meeting shall nominate one member from amongst those present, to preside at such meeting.

(2)

In the event of an equality of votes at any meeting of the Board, the Chairman, Vice-Chairman or the member presiding at such meeting shall in addition to his vote, have a casting vote.

(3)

The meetings of the Board shall be convened by the

Chairman and shall be held as frequently as is necessary for the purpose of effectively discharging the functions of the

Institute under this Act.

(4)

The quorum for meeting of the Board shall be five members.

(5)

The Board may pay any member with the approval of the Minister, such remuneration or allowance, as may be decided by the Board with the concurrence of the Minister in charge of the subject of Finance.

(6)

Subject to the provisions of this Act, regulations may be made by the board regulating the procedure to be followed with regard to the conduct of its meetings and the transaction of business at such.

(7)

The Board shall in the exercise of its powers, the performance of its duties and the discharge of its functions, be subject to and act in accordance with such directions as the Minister may from time to time issue.